Megaport Ltd (ASX:MP1)
A$ 20.95 +0.090 (+0.43%) Market Cap: 4.63 Bil Enterprise Value: 4.51 Bil PE Ratio: 0 PB Ratio: 7.73 GF Score: 75/100

Half Year 2026 Megaport Ltd Earnings Call Transcript

Feb 19, 2026 / 12:00 AM GMT
Release Date Price: A$9.32 (-11.79%)

Key Points

Positve
  • Megaport Ltd (MGPPF) reported a 49% increase in recurring revenue, reaching $330.8 million, driven by two strategic acquisitions.
  • The company's net revenue retention improved to 111%, indicating strong customer loyalty and increased spending.
  • Megaport Ltd (MGPPF) has successfully expanded its data center presence, now operating in over 1,034 locations globally.
  • The company has seen significant growth in the Americas, particularly in the United States, with a 24% increase in business.
  • Megaport Ltd (MGPPF) is benefiting from AI-driven data movement, providing a strong tailwind for its network and compute services.
Negative
  • The company faces FX headwinds, impacting reported growth rates due to currency fluctuations.
  • There is a significant increase in employee costs as Megaport Ltd (MGPPF) continues to hire to support accelerated growth.
  • The EBITDA margin for the Megaport network business is expected to be lower in the second half due to ongoing investments.
  • Supply chain challenges, particularly in memory and server components, could impact the availability and cost of infrastructure.
  • The integration of recent acquisitions may take time to realize synergies and fully leverage cross-selling opportunities.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MP1.AX - Megaport Ltd
Half Year 2026 Megaport Ltd Earnings Call
Feb 20, 2026 / 12:00AM GMT

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Presentation
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Unidentified_1 [1]
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Trickier, obviously, we've had movements in FX, but we've also other companies coming into the business, so we're going to 10 of what we had with acquisition, and then we're going to break it down with the acquisitions included for full transparency.

In terms of, if we look at the top right, which you'll see just I won't keep droning on about this, but in the top right you'll see that key.

So this represents Megaport latitude and extreme.

The two acquisitions in business.

This is the Megaport Group and your recurring revenue.

So we are a 330

$8 million business, 263 from megaport 68 from latitude and roughly 7 million.

AudD Aar.

Inside the business.

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